Navigation Links
Cosan-Shell Deal Expands Global Penetration Outlook for Brazilian Ethanol, Says Brazilian Sugarcane Industry Association
Date:2/1/2010

SAO PAULO, Feb. 1 /PRNewswire-FirstCall/ -- The joint venture announced today simultaneously in Sao Paulo and London involving Brazilian ethanol group Cosan and Royal Dutch Shell increases prospects of an expanding global presence for Brazilian sugarcane ethanol. The assessment came from Brazilian Sugarcane Industry Association (UNICA) President Marcos Jank.

In his view, the deal brings together two companies that are strongly complementary: "The partnership generates scale, efficiency and technology, all of which certainly contribute to gain access for Brazilian ethanol to global markets and overcome protectionist obstacles that still hinder its growth," Jank commented.

The President of UNICA was pleased with comments regarding the qualities of Brazilian ethanol, made by Shell officials during the news conference: "They stressed that they consider Brazilian ethanol as the biofuel that contributes the most to greenhouse gas emission reductions, as well as being the most efficient, sustainable and commercially viable in the world. It is important to highlight that not only Shell, but several other global companies doing business with the Brazilian sugar and ethanol industry, no longer have any doubts about these aspects when discussing the ethanol produced here."

According to UNICA, with the involvement of Iogen, a world leading biotechnology firm specialized in cellulosic ethanol, and Codexis, a leading developer of clean biocatalytic process technologies -- both subsidiaries of Shell, the agreement also has the potential to promote advancements in the development of second generation ethanol from sugarcane biomass. "The way forward for our industry includes the expanding use of new technologies. This is something that is already happening, but requires even greater levels of commitment and investment in order to become a vital aspect for the future of our activity," concluded Jank.

This US$12 billion deal brings together the largest Brazilian and global producer of sugarcane ethanol and holder of the Esso and Mobil brands in the country, with one of the largest oil companies in the world, with almost 100 years of experience in the Brazilian market. The deal with Cosan makes Shell the third oil company to invest in ethanol production in Brazil -- BP was first in 2008, followed by Petrobras, which made its first direct investment in production in late 2009.

ABOUT UNICA

The Brazilian Sugarcane Industry Association (UNICA) represents the top producers of sugar and ethanol in the country's South-Central region, especially the state of Sao Paulo, which accounts for about 50% of the country's sugarcane harvest and 60% of total ethanol production. UNICA develops position papers, statistics and specific research in support of Brazil's sugar, ethanol and bioelectricity sectors. In 2008, Brazil produced an estimated 565 million metric tons of sugarcane, which yielded 31.3 million tons of sugar and 25.7 billion liters (6.8 billion gallons) of ethanol, making it the number-one sugarcane grower and sugar producer in the world, and the second-largest ethanol producer on the planet, behind the United States.

    MORE INFORMATION:
    CDN Corporate Communications - Sao Paulo, Brazil

    Rosa Webster - (5511) 3643 2707 / rosa.webster@cdn.com.br
    Mariane dos Santos - (5511) 3643 2730 / mariane.santos@cdn.com.br

SOURCE Brazilian Sugarcane Industry Association

RELATED LINKS
http://www.portalunica.com.br

'/>"/>

SOURCE Brazilian Sugarcane Industry Association
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. FDA Expands Use of Approved Breast Cancer Drug
2. Blue Cross and Blue Shield Association Expands Blue Distinction(R) Designation to Include Spine Surgery, Knee and Hip Replacement
3. iVina Expands BulletScan Document Scanner Product Line Powered by ABBYY FineReader Technology
4. Universal Background Screening Expands with Opening of Los Angeles Office
5. Tylenol Recall Expands to Include Other OTC Meds
6. Anthem Blue Cross and Blue Shield Expands SilverSneakers(R) to Additional Members in Missouri
7. ActiveGroup expands into Europe by hiring Market Research Leader
8. Knowledge Networks Expands in Pharma Research With Acquisition of CMR
9. Medicare Fraud Strike Force Expands Operations Into Brooklyn, N.Y.; Tampa, Fla.; and Baton Rouge, La.
10. Coastal Healthcare Administrators Expands Provider Network to Santa Clara County
11. Epocrates Expands iPhone Offerings with New Premium Content
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2017)... ... , ... Amir Qureshi, MD is the first physician in Arkansas to implant ... The Nuvectra™ Algovita SCS System has been FDA approved as a treatment option for ... to introduce the most powerful SCS system and the only stretchable lead on the ...
(Date:5/26/2017)... ... May 26, 2017 , ... A new analysis of community health data ... are located in the Midwest. With the average cost of healthcare rising and the ... with both the quality and affordability of where they live. An annual 2017 report ...
(Date:5/26/2017)... ... May 26, 2017 , ... via seating is proud to ... task chair specifically designed for clinical areas. Genie Copper Mesh is a crossover ... Cupron® to provide customers with a game changing chair that is affordably priced,” ...
(Date:5/26/2017)... ... ... After raising nearly $30,000 on Kickstarter , about three-times its original campaign ... crowdfunding price on Indiegogo . , “Along with creating an anti-stress gadget to ... fidget toy to the market that was made of superior quality and wouldn’t break ...
(Date:5/26/2017)... (PRWEB) , ... May 26, 2017 , ... Silver Birch ... community, which is located on more than four acres of land at 5620 Sohl ... , The 103,000 square-foot building includes 125 studio and one-bedroom apartments. Each of ...
Breaking Medicine News(10 mins):
(Date:5/6/2017)... , May 5, 2017   Provista , a proven ... than 200,000 customers, today announced Jim Cunniff as ... of executive and business experience to Provista, including most recently ... in California . He assumed his new ... is a great fit for Provista," says Jody Hatcher ...
(Date:5/4/2017)... Tenn. , May 4, 2017  A ... Infection Control, Ultraviolet-C light as a ... Tru-D SmartUVC,s ability to reduce bioburden on anesthesia ... bioburden reduction on high-touch, complex medical equipment surfaces ... surgical infections. "This study further validates ...
(Date:5/4/2017)... May 4, 2017  A new tight-tolerance microextrusion ... other highly-engineered materials, is being launched by Natvar, ... been developed in recent years to service a ... surgical applications. More expensive materials such as glass ... tubing due to their ability to consistently hold ...
Breaking Medicine Technology: